House Bill 273
149th General Assembly (Present)
House Appropriations 6/30/17
Committee Hearing takes place within twelve legislative days.
AN ACT TO AMEND TITLE 7 OF THE DELAWARE CODE RELATING TO FUNDS OF THE REGIONAL GREENHOUSE GAS INITIATIVE.
This Act will direct the first $8 million in auction proceeds received from the sale of emission allowances through the regional Greenhouse Gas Initiative and CO2 Emission Trading Program to be directed to the General Fund for the fiscal year 2018. The balance of the funds will be directed to the Secretary of the Department of Natural Resources and Environmental Control to be directed for the public benefit in accordance with the goals and purposes of this initiative.
Takes effect upon being signed into law